So, I’m thinking of quitting freelancing. - Or at least significantly reigning in what services and how many orders I take on.
This is not an attack on Fiverr per-se. In this case, please don’t jump in with ‘why we all need to dump Fiverr and run’ arguments. In truth, I’m simply realizing that I don’t really like doing what I do anymore. It’s become far too stressful and time-consuming, and because of that, I feel a little burned out. As for what I’m think of doing instead, I’m thinking of experimenting with web design.
This is very ambitious since my professional web design skills amount to zero. However, I have discovered something of a niche in the market. Namely, that I could use my amazing domain name discovery skills and create websites on my own (not for clients) which I am quite good at, before selling these on places like Flippa.
As it is:
- Even awful websites which aren’t on a par with what I can set up seem to sell for $1K - $5K
- Few websites come already populated with SEO optimized content, whereas I can create all this
- From recent experience, I can create a pretty neat website on a budget of $300 with an uninterrupted timescale of 2-3 weeks
So, my thinking at present is that I might try to shift from freelancing to creating and selling 1 x website per month in future.
Of course, I have no delusions that this will be as easy as I have just made out. To start I’m, therefore setting myself a goal of having my first website built and ready to go to market my the end of September. (Not the website I am working on at present). If it sells for a reasonable amount, I will then close down all my freelancing completely for 1 - 2 months and try to make and sell another.
Sadly, if my website didn’t sell, I would then likely have to go into battle mode to re-establish myself here and elsewhere. The risk there? 1 -2 months without a stable income stream could easily turn into 4 or more. In this case, implementing my entire strategy is going to be (potentially) very high risk.
All that said, risk is all part of the game and I think I could ride out a worst case scenario. What, though, is the biggest professional risk or career experiment you have taken to date? Did it pay off? Are you happy as a result? Or did it go wrong and did the sky fall in?
I’ll start by saying that mine was deciding to become a freelancer rather than a hotel manager. It paid off But I’m still not mega rich and this causes me some heartache from time to time .